Polymer Capital Management HK LTD Decreases Stake in Alibaba Group Holding Limited $BABA

Polymer Capital Management HK LTD reduced its holdings in Alibaba Group Holding Limited (NYSE:BABA) by 84.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,103 shares of the specialty retailer’s stock after selling 90,850 shares during the period. Polymer Capital Management HK LTD’s holdings in Alibaba Group were worth $2,360,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Ameriflex Group Inc. raised its stake in Alibaba Group by 101.4% during the third quarter. Ameriflex Group Inc. now owns 143 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 72 shares during the period. Foster Dykema Cabot & Partners LLC purchased a new position in Alibaba Group during the third quarter worth about $30,000. Costello Asset Management INC purchased a new position in Alibaba Group during the fourth quarter worth about $34,000. Palisade Asset Management LLC purchased a new position in Alibaba Group during the third quarter worth about $37,000. Finally, Palladiem LLC purchased a new position in Alibaba Group during the fourth quarter worth about $38,000. 13.47% of the stock is owned by hedge funds and other institutional investors.

Alibaba Group Trading Up 0.0%

Shares of BABA stock opened at $112.71 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.28 and a current ratio of 1.28. The stock has a market capitalization of $270.39 billion, a P/E ratio of 18.51, a price-to-earnings-growth ratio of 1.93 and a beta of 0.47. The company has a 50 day moving average price of $130.07 and a 200 day moving average price of $143.93. Alibaba Group Holding Limited has a fifty-two week low of $103.71 and a fifty-two week high of $192.67.

Alibaba Group (NYSE:BABA) last announced its quarterly earnings data on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share for the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. The firm had revenue of $35.30 billion during the quarter. Equities research analysts predict that Alibaba Group Holding Limited will post 6.75 EPS for the current fiscal year.

Alibaba Group Announces Dividend

The company also recently declared an annual dividend, which will be paid on Monday, July 13th. Shareholders of record on Thursday, June 11th will be issued a dividend of $1.05 per share. This represents a yield of 93.0%. The ex-dividend date is Thursday, June 11th. Alibaba Group’s payout ratio is 16.91%.

Analyst Upgrades and Downgrades

BABA has been the topic of a number of analyst reports. Robert W. Baird reduced their target price on shares of Alibaba Group from $174.00 to $164.00 and set an “outperform” rating on the stock in a research note on Friday, March 20th. Susquehanna lifted their price target on shares of Alibaba Group from $170.00 to $185.00 and gave the company a “positive” rating in a research report on Friday, May 15th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Alibaba Group in a research report on Wednesday, May 27th. DZ Bank cut shares of Alibaba Group from a “buy” rating to a “hold” rating and set a $135.00 price target for the company. in a research report on Friday, March 20th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Alibaba Group from $200.00 to $205.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Alibaba Group currently has an average rating of “Moderate Buy” and an average target price of $188.76.

Trending Headlines about Alibaba Group

Here are the key news stories impacting Alibaba Group this week:

• Positive Sentiment: Alibaba reportedly offered about $1.5 billion to buy grocery delivery firm Pupu, a move that would expand its instant-retail and grocery push and sharpen its competition with Meituan. Alibaba Bids $1.5B for Pupu to Challenge Meituan in Grocery Delivery
• Positive Sentiment: Several recent analyst notes remain constructive, with price targets clustering well above the current trading range, suggesting some investors still see meaningful upside.
• Neutral Sentiment: Alibaba also named a new CEO for DingTalk after internal debate over AI strategy, signaling ongoing management changes but not an immediate financial impact. Alibaba Names 34-Year-Old Tech Geek as DingTalk’s New CEO
• Negative Sentiment: Beijing reportedly criticized discount-heavy promotions during the 618 shopping festival, adding fresh regulatory risk for Alibaba and other Chinese e-commerce leaders. Alibaba and JD Slide After Beijing Rebuke
• Negative Sentiment: Two securities-fraud law firms announced continuing investigations into Alibaba, which can further hurt sentiment by raising litigation and governance concerns. Securities Fraud Investigation Into Alibaba Group Holding Ltd. (BABA) Continues
• Negative Sentiment: The stock is also being weighed by reports that Alibaba was added to a U.S. Defense Department list of companies linked to China’s military, which could increase institutional caution toward the ADR. Is Alibaba Group Holding Limited (BABA) A Good Stock To Buy Now?

Alibaba Group Company Profile

Alibaba Group Holding Limited is a Chinese multinational conglomerate founded in 1999 in Hangzhou, China, by Jack Ma and a group of co‑founders. The company built its business around internet-based commerce and related services and has grown into one of the largest e-commerce and technology companies in the world. Alibaba completed a high‑profile initial public offering on the New York Stock Exchange in 2014.

The company operates a portfolio of online marketplaces and platforms serving different customer segments: Alibaba.com for global and domestic B2B trade, Taobao for consumer-to-consumer shopping, and Tmall for brand and retailer storefronts targeted at Chinese consumers.